Steel News

Cliffs Natural Resources Idling Minnesota Taconite Operation

03 August 2015 - Lower orders and higher inventories have prompted Cleveland-based Cliffs Natural Resources to temporarily idle its United Taconite operation in the Minnesota Iron Range.

Worldsteel: World Crude Steel Production Decreases 2.4% Year on Year, U.S. Production Down 8.5% From June 2014

23 July 2015 - World crude steel production for the 65 countries reporting to the World Steel Association (worldsteel) was 136 million tonnes (Mt) in June 2015, a -2.4% decrease compared to June 2014.

MSCI: Shipments Recover Slightly in June

22 July 2015 - The Metal Service Center Institute has reproted that U.S. shipments of steel products decreased only moderately in June and aluminum shipments increased.

MMK Produces 600 Million Tons of Pig Iron

21 July 2015 - OJSC Magnitogorsk Iron and Steel Works ("MMK" or “the Company”) produced its 600,000,000th tonne of pig iron since the blast-furnace’s commissioning in 1932.

JSPL Angul and SMS Group Commission Largest High-Speed Billet Caster in India

20 July 2015 - Jindal Steel and Power Limited (JSPL) and SMS group have successfully commissioned its high-speed eight-strand billet caster at the Angul Odisha, India, plant.

AISI: Weekly Raw Steel Production Ticks Up 3.3% From Prior Week

17 July 2015 - The American Iron and Steel Institute released their weekly U.S. Raw Steel Production statistics for the week ending 11 July.

Tezcan to Produce First Galvalume® Line in Turkey

17 July 2015 - Tezcan Galvanizli Yapi Elemanlari Sanayi Ve Ticaret A.Ş. contracted Danieli Wean United to supply a new galvanizing line dedicated to Al-Zn production and new X-Jet Air Wiping Equipment for existing HDGL to be installed in their facility in Kocaeli, Turkey.

Falcon Steel Boosts Transmission Pole Production

16 July 2015 - Falcon Steel is expanding its in-house transmission pole production capacity to meet increasing demand for steel pole structures in power delivery applications.

ArcelorMittal Launches New Generation of Wider Sheet Piles

13 July 2015 - ArcelorMittal has announced the launch of a new range of wider sheet pile sheet pile line: AZ®20-800 and AZ 25-800.

AMERICAN Steel Pipe's $70-Million Expansion Complete

13 July 2015 - AMERICAN Steel Pipe, a division of AMERICAN Cast Iron Pipe Company, announces completion of its new, 150,000-square-foot steel pipe processing facility.

ArcelorMittal USA CEO Hints at Future Divestment of U.S. Plants

10 July 2015 - In a blog post from 23 June, ArcelorMittal CEO Andrew Harshaw expressed concern over the unsustainability of operating multiple hot strip mills in the United States at low capacity utilization rates.

AISI: Weekly Raw Steel Production Slips 2.8% From Prior Week, 11.4% Decrease Year on Year

09 July 2015 - The American Iron and Steel Institute released its weekly raw steel production statistics for the week ending 4 July 2015.

POSCO to Supply Automotive Materials to Ssangyong Motor

07 July 2015 - On 23 June, POSCO signed an MOU with Ssangyong Motor, and opted to further enhance its global competitiveness by consistently evolving an amicable cooperative relationship between the two companies.

AZZ incorporated Announces Plan to Build New "Greenfield" Galvanizing Services Plant in Reno, Nevada

06 July 2015 - AZZ incorporated, a global provider of galvanizing services, welding solutions, specialty electrical equipment and highly engineered services, announced the construction of a new hot-dip galvanizing plant near Reno, Nevada.

Dongkuk Steel Set to Shut Down No. 2 Plate Mill

03 July 2015 - As reported by SteelFirst, Dongkuk Steel will shut down one of its two plate mills to cope with an oversupplied domestic market, it announced late on Thursday June 25.

AISI: Weekly Raw Steel Production Decreases 8.3% Year on Year, Year-to-Date Production Down 7.4%

03 July 2015 - The American Iron and Steel Institute released its statistics on U.S. raw steel production for the week ending 27 June 2015.

Wuhan Iron & Steel Trials CRC Mill at Fangchenggang Plant

01 July 2015 - According to SteelFirst, Central China's Wuhan Iron & Steel (Wugang) produced the first cold rolled coil at its Fangchenggang plant in the country’s southern Guangxi province at the weekend on Monday June 29.

Mechel Reports First Quarter 2015 Operational Results

01 July 2015 - Mechel OAO, one of the leading Russian mining and metals companies, announced their operational results for the First Quarter of 2015.

Alacero: Latin American Finished Steel Production Remains Stable, While Imports Grow 15% in Jan-Apr 2015

30 June 2015 - Alacero released their figures for the Latin American steel market for the first months of 2015 on 24 June.

2014 World DRI Production Tops 74.5 Million Tons

30 June 2015 - The world’s direct reduction industry produced 74.55 million tons of DRI Products in 2014 according to data compiled by Midrex and audited by World Steel Dynamics.